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peter than this guy, bill clinton? this guy can sell. what did you think of the impact of his convention address. >> part of that was set up by the fact -- i thought it was an unfortunate statement by republicans, were you better off than you were four years ago? you couldn't have picked a more unfortunate contrast. ultimately by setting it up as a contrast to four years ago created an opportunity for clinton to deliver that speech. again, i want to go back for the opportunity here that romney had. in the exit poll 63% of americans said they don't want to cut taxes in order to increase the deficit. governor romney made it a referendum and didn't take advantage of the country still being a center right company. >> 47% of plurality said raise taxes for people over $250,000. >> you frame it as bush and you make it all that dynamic, which obama had set up, or do you make it about the broader economic policy of what do you do with taxes -- >> in all fairness, didn't the president do a pretty good job of focusing on that differential between t
peter than this guy, bill clinton? this guy can sell. what did you think of the impact of his convention address. >> part of that was set up by the fact -- i thought it was an unfortunate statement by republicans, were you better off than you were four years ago? you couldn't have picked a more unfortunate contrast. ultimately by setting it up as a contrast to four years ago created an opportunity for clinton to deliver that speech. again, i want to go back for the opportunity here that...
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the beginning of that was bill clinton saying the era of big government is over. i think this is the first time in three decades where conservatives have been pushed or forced by the reality of politics and an election results to aadjust their ideas to the other side's ideas. they're running away from the idea that the only people who matter are those rich job creators, and they're running away from the idea that they can always just trash government. both of them spoke of the essential role of government. i think this is more important than it looks if you only write it off as rhetoric. >> i absolutely agree. i think it that point it's always been working the other way, democrats bending to republican rhetoric over the last few deck kuds is true. i want to look at how quickly this conversion is occurring in the republican world. let's lynn to paul ryan before the mitt romney backlash on the whole 47%. >> we can become a society where the net majority of americans are takers and not makers. the good news is survey after survey, poll after poll still shows that we
the beginning of that was bill clinton saying the era of big government is over. i think this is the first time in three decades where conservatives have been pushed or forced by the reality of politics and an election results to aadjust their ideas to the other side's ideas. they're running away from the idea that the only people who matter are those rich job creators, and they're running away from the idea that they can always just trash government. both of them spoke of the essential role of...
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look, the very first thing bill clinton did with medicare as president was cut it and was to, in fact, cut it more than any president had ever cut it before. there were no whimpers out of anyone in the democratic party. it was part of a $500 billion bill, 250 billion of it was tax increase we did, and 200 billion approximately was medicare cuts, also medicaid cuts that were in that bill. they were all done on the so-called provider side. that's the way they tend to do that. those are very difficult cuts to make because we've made so many of them in the past. so that side of the of the system is kind of cut to the bone at this point. >> all right. lawrence o'donnell, thanks for hanging with us. will you hang out again sometime? >> this is a lot of fun. no-homework tv is a lot of fun. >> up next, forbes's list of the most powerful people in the world is out. [ male announcer ] when ziggy the cat appeared at their door, he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his f
look, the very first thing bill clinton did with medicare as president was cut it and was to, in fact, cut it more than any president had ever cut it before. there were no whimpers out of anyone in the democratic party. it was part of a $500 billion bill, 250 billion of it was tax increase we did, and 200 billion approximately was medicare cuts, also medicaid cuts that were in that bill. they were all done on the so-called provider side. that's the way they tend to do that. those are very...
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it's former president bill clinton. he's nominated for his book "back to work." my colleague and friend, rachel maddow was nominated for her book "drift." incredible. but i'm disappointed. there's some serious snubs this year. i mean, how did this fellow performer not make the list. ♪ >> that deserved something. and mitt romney's tough year just got tougher. look at this snub. ♪ o beautiful for spacious skies for amber waves of grain ♪ ♪ for purple mountains majesty, above the fruited plain ♪ >> and perhaps the biggest snub of all, not justin bieber. i'm talking about this one. ♪ i am so in love with you >> and he's at it again tonight. after lighting the national christmas tree, he had some
it's former president bill clinton. he's nominated for his book "back to work." my colleague and friend, rachel maddow was nominated for her book "drift." incredible. but i'm disappointed. there's some serious snubs this year. i mean, how did this fellow performer not make the list. ♪ >> that deserved something. and mitt romney's tough year just got tougher. look at this snub. ♪ o beautiful for spacious skies for amber waves of grain ♪ ♪ for purple mountains...
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michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse to raise tax rates on the wealthiest americans. take a look. >> when it comes to raising taxes on the wealthy, if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthy. >> orrin hatch called that one of the most stunning and irresponsible statements he's heard in some time. what does your gut tell you? do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with
michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse...
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not reaching out aggressively enough like bill clinton, lbj, ronald reagan did. and also it was critical the first four years about him not reaching out enough to the business community. he didn't understand the business community, according to ceos who supported him for four years. but steve rattner, he's made a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea tha
not reaching out aggressively enough like bill clinton, lbj, ronald reagan did. and also it was critical the first four years about him not reaching out enough to the business community. he didn't understand the business community, according to ceos who supported him for four years. but steve rattner, he's made a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things...
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we won't get out of the problem to raise taxes across the board to go back to what bill clinton had in his taxes. if we don't do that, the problem is pressure is on spending even more. i think we need to make the defense cuts. we want to minimize human services cuts. the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off the cliff is a better solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these top tax rates, they have conceded about 75% of the tax debate to republicans by agreeing with them on all of the other rates. >> that is true, aalthough there is a matter of timing. you know, i think part of what you have to look at here is it's really republicans who force this conversation about having deficit reduction right now. we sho
we won't get out of the problem to raise taxes across the board to go back to what bill clinton had in his taxes. if we don't do that, the problem is pressure is on spending even more. i think we need to make the defense cuts. we want to minimize human services cuts. the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off the cliff is a...